CHINA FEATURE
May 1st, 2005
BY MATTHEW BRACECHINA'S massive economic growth and foreign infiltration is posing significant challenges for China's paint and coatings industry according to Asiacoat.com, the website of the National Paint and Coatings Industry Information Centre. The country produced 1.64 million tonnes of paint and coatings for the whole of 2003, on average 22%, up from 2002 year-on-year. However, increased market competition has forced coating prices below past levels and many companies reported less than 10% profits in 2003, as opposed to the more standard figures of ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.